VarsityHousing market

Varsity

Varsity Housing Market Report

Strong Seller's Market

All types - for the month of April

Buyer's market Seller's market

1

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

19

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

39 active

New

41(0% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 28, in 2023: 28, in 2022: -

Total Sold Listings*

28 sold

Median Sold Price

$518,500

Avg Days on Market

19 days

Median Bidding

-$9,950

Compared to number of sold, same period, in 2024: 31, in 2023: 32, in 2022: -

*Data is for the month of April

Median Sold Price vs Average Days and Average Total Days on Market - Varsity - All types

Sold vs Active vs New vs Relisted - Varsity - All types

Sold Price Distribution - Varsity - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Varsity - All types

Property type distribution based on data from the last 3 months.

Median Price - Varsity - All types

Just listed - Varsity

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14 hours on market

1116 Varsity Estates Dr, Calgary

Detached4+15+13197.57 sq ft

Listed by Real Broker

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1 day on market

4001A 49 St #1301, Calgary

Condo21812.00 sq ft

Listed by Real Broker

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2 days on market

3437 42 St #136, Calgary

Townhouse23+11805.00 sq ft

Listed by Calgary West Realty

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6 days on market

4001B 49 St #2207, Calgary

Condo21879.00 sq ft

Listed by RE/MAX Realty Professionals

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7 days on market

4211 Vandyke Pl, Calgary

Detached3+24+11716.10 sq ft

Listed by SkaiRise Realty

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7 days on market

3111 34 Ave #103, Calgary

Condo11571.00 sq ft

Listed by RE/MAX Real Estate (Mountain View)

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7 days on market

46 Varsity Estates Close, Calgary

Detached2+25+12307.13 sq ft

Listed by Real Broker

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7 days on market

3111 34 Ave #416, Calgary

Condo221063.00 sq ft

Listed by RE/MAX Real Estate (Mountain View)

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8 days on market

3111 34 Ave #403, Calgary

Condo11570.37 sq ft

Listed by eXp Realty

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9 days on market

3500 Varsity Dr #1502, Calgary

Townhouse21873.40 sq ft

Listed by Royal LePage Solutions

Just sold - Varsity

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Sold 4 days ago

Sold for $647,500

$27K below asking

4037 42 St #220, Calgary

Townhouse23+11654.00 sq ft

Listed by RE/MAX Real Estate (Mountain View)

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Sold 6 days ago

Sold for $890,000

120 Vantage Bay, Calgary

Detached3+13+11471.50 sq ft

Listed by MaxWell Canyon Creek

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Sold 7 days ago

Sold for $712,125

$28K below asking

4308 40 St, Calgary

Detached3+221136.00 sq ft

Listed by Royal LePage Solutions

pillar/IMG-A2215168_1.jpg

Sold 7 days ago

Sold for $730,000

$20K below asking

3812 Vancouver Cres, Calgary

Detached3+121159.00 sq ft

Listed by Royal LePage Benchmark

pillar/IMG-A2212790_1.jpg

Sold 7 days ago

Sold for $712,500

$12K below asking

4943 Valiant Dr, Calgary

Detached3+22+11139.96 sq ft

Listed by RE/MAX Realty Professionals

pillar/IMG-A2210707_1.jpg

Sold 7 days ago

Sold for $185,250

$10K below asking

3420 50 St #410, Calgary

Condo11627.00 sq ft

Listed by People 1st Realty

pillar/IMG-A2214135_1.jpg

Sold 8 days ago

Sold for $770,000

$20K above asking

4848 Vandoos Pl, Calgary

Detached42+11830.63 sq ft

Listed by eXp Realty

pillar/IMG-A2214745_1.jpg

Sold 8 days ago

Sold for $455,000

$8K below asking

3111 34 Ave #424, Calgary

Condo22914.00 sq ft

Listed by Coldwell Banker Mountain Central

pillar/IMG-A2215569_1.jpg

Sold 13 days ago

Sold for $1,275,000

$23K below asking

224 Varsity Cres, Calgary

Detached2+231882.61 sq ft

Listed by Royal LePage Benchmark

pillar/IMG-A2212150_1.jpg

Sold 18 days ago

Sold for $214,000

4603 Varsity Dr #308, Calgary

Condo11530.00 sq ft

Listed by eXp Realty

Population and Demographics

Overview

Total population 12685

Average household income $166,715

Age (%)

20 to 34

23%

65 and plus

23%

0 to 19

19%

35 to 49

18%

50 to 64

17%

Household composition (%)

Single family

57%

Single person

34%

Multi person

8%

Multi family

0%

Mother tongue (%)

English

77%

Mandarin

5%

Yue (Cantonese)

4%

Others

3%

Spanish

2%

Iranian Persian

2%

Arabic

2%

French

2%

German

1%

House tenancy (%)

Owners

61%

Renters

39%

Top 3 Schools in Varsity

Marion Carson School5225 Varsity Dr NW, T3A 1A7, Calgary, AB

8.4/10

Public•

St. Vincent de Paul Elementary Junior High School4525 - 49 Street N.W., T3A 0K4, Calgary, AB

8/10

Public•

École Terre des Jeunes3720 - 42 Street NW, T3A 0C6, Calgary, AB

6.2/10

Public•

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance